West
Bascom Arizona Acquires Coldwater Springs Apartments
Coldwater Springs, a five-year-old Class-A property in Avondale, Ariz., has been acquired by Scottsdale, Ariz.-based Bascom Arizona Ventures for $27.2 million.
Grosvenor Americas Adds Another Puget Sound Property to Portfolio
Grosvenor Americas has acquired Waterford Place Apartments in the Seattle suburb of Woodinville for an unspecified price.
KBS Legacy Partners Apartment REIT Appoints W. Dean Henry as CEO
W. Dean Henry, a 40-year multifamily industry veteran, has been appointed CEO of KBS Legacy Partners Apartment REIT.
Waterton Associates Acquires Arizona’s Andante Apartments
Chicago-based multifamily company Waterton Associates has acquired Andante Apartments, a 576-unit community in the upscale Ahwatukee Foothills area south of Phoenix.
HFF Closes Sale on Multifamily Community Near Oregon State University
HFF announced that it has closed the sale for Grand Oaks Apartment Homes, a community near Oregon State University in Corvallis, Ore.
San Diego Investors Buy Riverside Townhomes for $10.5M
Pathfinder Partners has acquired Tuscan Townhomes, a 63-unit townhome project located in Riverside, Calif.
MARKET SNAPSHOT: Renting Remains Popular in the East Bay, With Job Growth Fueling Record-Low Vacancies
With employment growth finally taking off in the East Bay, demand for apartments is expected to pace ever-higher this year, as rents skyrocket across the already popular rental market.
Wood Partners Begins New Development in Seattle
Wood Partners is set to begin construction on a high-rise apartment community in Seattle. The community will be located at 225 Cedar Street on the southwest corner of Cedar and Third Avenue.
Denver’s TOD Fund Helps Finance New Affordable Housing
The Evans Light Rail Station on Denver’s south side is the site of a new affordable housing community being developed by Denver-based Urban Land Conservancy and Medici Communities.
Nonprofits Acquire LA Affordable TOD Property
Nonprofit affordable housing developer Abode Communities and Trust South LA, a community land trust, have acquired Rolland Curtis Gardens on West 38th Street in Los Angeles.